My husband and I are looking at some rental property options in the Boston area and using Net Operating Income (NOI) to assess if the properties would cash-flow based off of downpayment, mortgage rate, rent rate, main...

I have $200,000 in regular income for a separate business and $200,000 passive income in real estate investments business and my accountant files them together. Shouldn’t they be filed separately? By filing together i...

I had lunch with a customer yesterday, who, with no prompt from myself, began telling me about all of the homes he had owned. The last one, he put up for rent the last year they owned it. His comment was "they really ...

I’m trying to calculate my expected real profit vs the basic formula and seeing income tax taking a hefty chunk out. Is this right? Can you please correct me where I’m wrong? Simple numbers for sake of conversation ...

I'm planning on retiring in 4-5 years. Any additional income now will push me into the next tax bracket. I am thinking about getting into buying and holding rentals, and possibly syndications that will mature in 5 yea...

I've been house hacking for over six years-- it's been a great source of side income for me and I've hit a wall when it comes to increasing my loan pool due to my debt to income.  My loan officer says I need to report...

Hey everyone,I am a high income W2 health care provider. Taxes were never the main reason I wanted to get into real estate, however I took a 30min coaching call during the lockdown to discuss strategies and the person...

Hello All, Just trying to get some clarification on why HI has a GET (General Excise Tax) on gross rent.  I have searched around with no answers.  I understand that you have to pay taxes on rental PROFIT.  But HI char...

Hey everyone.I’ve been reporting my rental income for the past year now so no issue there.But, my mortgage is 2700 and the rent charged to the tenant is 3250. Do I report the entire amount $3250 as income or just the ...

Hey BP,Looking at starting an LLC to manage future investment properties.  Anyone have experience operating an LLC and not having to pay self-employment taxes?  Here's my understanding of the IRS code on this question...